OmniPay Wins ‘Information’ Award at Major European Payments Event

  OmniPay Wins ‘Information’ Award at Major European Payments Event

  Irish global payment processor is recognised for pioneering new service at
                  leading industry awards ceremony in Berlin

Business Wire

DUBLIN -- February 20, 2013

OmniPay, a First Data company and global payments processor, today announced
that it has won a prestigious award at the 2013 Merchant Payments Ecosystem
(MPE) gala awards in Berlin.

OmniPay, a First Data company and global payments processor, today announced
that it has won a prest ...

OmniPay, a First Data company and global payments processor, today announced
that it has won a prestigious award at the 2013 Merchant Payments Ecosystem
(MPE) gala awards in Berlin. Pictured is Hubert O'Donoghue, CEO, OmniPay
(Photo: Business Wire)

OmniPay won the 2013 ‘Information’ award which goes to the company which has
developed and launched the most innovative new information exchange system in
the payments industry. OmniPay won the award based on its new Payments
Aggregation Acquiring Service (PAAS) which is seen as a pioneering new service
for both OmniPay and the payments acceptance industry.

OmniPay PAAS was developed to allow its acquiring clients to broaden the type
and number of merchants eligible to receive card payments and to standardise
payment aggregation business models. OmniPay’s model offers a more
cost-effective solution suited to the needs of the smaller merchant and
enables them to offer their customers a wider choice of payment options.
Cardholders are able to enjoy the advantages of card payment with merchants
who traditionally would not have been able to accept this form of payment.

OmniPay supports 34 acquiring banks and 5.4 million merchants in 73 countries
and 149 currencies. It currently processes 1.2 billion transactions annually.

Speaking at the awards ceremony, Hubert O’Donoghue, CEO and co-founder of
OmniPay, said, “Winning this year’s ‘Information’ award further cements
OmniPay’s position as one of the world’s most innovative payments processing
companies. It’s fantastic to receive this recognition from some of the
industry’s most respected figures. We firmly believe that PAAS is a
significant advancement for both OmniPay and the payments acceptance industry.
The substantial adoption of OmniPay PAAS by our clients is testimony to the
appeal of this exciting new service.”

The award win follows within weeks of OmniPay’s announcement that it is
creating 30 new jobs at its headquarters in Clonskeagh, Dublin, bringing its
total workforce to almost 200 people. First Data is also funding investment to
develop and extend its global payments processing platform.

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Contact:

Comit Communications & Marketing
Barry Chapman
T: +353 1 215 7671
E: bchapman@comitmarketing.com
W: www.comitmarketing.com
 
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